FTSE 100 Live: Stocks Hold Steady, Pound Edges Toward $1.35 - Bloomberg.com FTSE 100 Live: Stocks Hold Steady, Pound Edges Toward $1.35  Bloomberg.com

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FTSE 100 today: index higher, pound slips to $1.32, BP rises Investing.com -- British stocks started the week on a positive note, trading higher alongside broader gains in European markets on Monday, while the pound slipped. As of 0749 GMT, the blue-chip index FTSE 100 rose 0.3% and the British pound slipped 0.05% against the dollar to 1.32. DAX index in Germany rose 0.8%, the CAC 40 in France gained 0.9%. BP (NYSE:BP) makes significant oil and gas discovery in Brazil BP PLC (LON:BP) has made a significant oil and gas discovery in Brazil’s Santos basin, marking the company’s largest find in 25 years, the energy giant announced Monday. The discovery is located in a pre-salt area in deep water offshore Brazil, which is believed to contain a large reservoir of oil and gas resources. BP aims to grow production to between 2.3 million and 2.5 million barrels of oil equivalent per day by 2030. BP set to outline cost-reduction measures In separate news, BP is expected to provide new details on its $5 billion cost-reduction program on Tuesday, according to the Financial Times. This update follows pressure from activist investor Elliott Management, which is pushing for deeper cuts to the energy company’s operating expenses. Senior reports strong H1 profit growth In other corporate news, Senior PLC (LON:SNR) reported a 32% year-over-year increase in pre-tax profit for the first half of fiscal 2025. The company’s performance was supported by higher revenue and operating margins in both its Aerospace and Flexonics divisions. Senior maintained its full-year forecast and confirmed that the planned sale of its Aerostructures unit remains on schedule. Group sales from continuing operations rose to £371.2 million, up 5% in constant currency terms and 3% on a reported basis compared to the same period last year. Lloyds to keep reviewing motor finance provision after Supreme court ruling Meanwhile, Lloyds Banking Group PLC (LON:LLOY) said Monday it will continue reviewing its motor finance provision following a Supreme Court ruling that overturned key parts of a previous decision involving commission payments and broker duties. The court ruled Friday that motor dealers acting as credit brokers do not owe fiduciary duties to customers and that commissions paid in this context cannot be classified as bribes. The judgment resolved a long-standing legal dispute by reversing the Court of Appeal’s earlier stance in the Wrench, Johnson and Hopcraft cases.

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British Pound Forecast: GBP/USD Breaks 2025 Uptrend Ahead of BoE - FOREX.com British Pound Forecast: GBP/USD Breaks 2025 Uptrend Ahead of BoE  FOREX.com http://dlvr.it/TMGTSH

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"🇬🇧GBP 2025开始跌落。北美会话，GBP/USD当前交易价格为1.2373，同日下跌1.1%。英镑无法稳定。$USD凸显。" #BritishPound https://fefd.link/thNyr

British Pound Forecast: GBP/USD Defends Rebound from We - City Index UK British Pound Forecast: GBP/USD Defends Rebound from We  City Index UK http://dlvr.it/TLls1m

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FTSE 100 today: Index opens flat as U.K. GDP falls; Pound above $1.35; Tesco gains Investing.com -- British shares were mostly flat at the open on Thursday after official data showed that the country’s gross domestic product shrank by 0.3% in April, partially offsetting the 0.7% expansion recorded in the first quarter. .As of 0715 GMT, the blue-chip index FTSE 100 gained 0.01% and the British GBP/USD fell 0.07% against the dollar to above 1.35. Meanwhile, DAX index in Germany dropped 0.8%, the CAC 40 in France dipped 0.5%. U.K. economy contracts in April The U.K. economy experienced a notable decline in April, weighed down by rising energy costs and increased taxes. According to data from the Office for National Statistics, gross domestic product fell by 0.3% during the month, a steeper drop than the anticipated 0.1% and a partial reversal of the 0.7% growth recorded in the first quarter. On a yearly basis, GDP rose 0.9%, easing from the previous month’s 1.1% gain. Tesco (OTC:TSCDY) reports Q1 sales growth Tesco PLC (LON:TSCO) posted a 5.5% rise in group like-for-like sales for the first quarter of its 2025-26 fiscal year, driven by solid performance across its businesses in the U.K., Republic of Ireland, Booker, and Central Europe. Total group sales, excluding fuel and VAT, reached £16.38 billion for the 13-week period ending May 24. Halma exceeds profit expectations U.K. engineering firm Halma PLC (LON:HLMA) posted stronger-than-expected results for the fiscal year ending March 31, with adjusted pretax profit up 16% to £459.4 million and revenue rising 11% to £2.25 billion. These figures beat analyst forecasts, and the company’s EBIT margin improved to 21.6%. Halma said fiscal 2026 has started well, projecting upper single-digit organic revenue growth and margins slightly above the midpoint of its 19%–23% target range. Wood Group extends Sidara takeover deadline John Wood Group PLC (LON:WG) has granted Sidara more time to decide on a potential takeover, extending the deadline to make a firm bid or withdraw from the process to June 30. The extension allows Sidara to further develop its offer for the engineering consultancy. Crest Nicholson posts steady H1 results Crest Nicholson Holdings plc (LON:CRST) posted encouraging results for the first half, signaling that its updated strategic approach is yielding positive outcomes amid evolving conditions in the housing market. The company completed 739 homes during the first half of 2025, including those from joint ventures, marking a 6% decline from the previous year. Private sales, including bulk transactions, dropped to 107 units, down 40% from 177 in the same period last year. (This story will be updated) Should you invest $1,000 in TSCO right now? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios powered by AI stock picks with a stellar performance in 2024. Unlock ProPicks to find out

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FTSE 100 today: Index rises while pound drops below $1.35, Kingfisher reports Investing.com -- British stocks rose Wednesday while the pound dropped below $1.35 after recently surpassing that level, with Kingfisher and Pets at Home among U.K. companies reporting today. As of 0710 GMT, the blue-chip index FTSE 100 gained 0.2% and the British pound fell 0.08% against the dollar to 1.34. Meanwhile, DAX index in Germany rose 0.1%, the CAC 40 in France gained 0.2%. Kingfisher Q1 sales climb 2.2% Kingfisher PLC (LON:KGF) posted a 2.2% increase in first-quarter group sales at constant currency, reaching £3.3 billion, supported by solid demand in the U.K. and Ireland. Comparable sales rose 1.8%, while sales adjusted for calendar variations grew by 2.7%. The company attributed the gains to strong seasonal product sales and continued growth in its online and trade businesses. Pets at Home FY25 profit hits £133 mln Pets at Home Group PLC (LON:PETSP) reported a pre-tax profit of £133 million for fiscal 2025, slightly above the £132 million posted last year and consistent with expectations. Solid growth in its veterinary services helped counterbalance challenges in the retail segment. Total revenue for the year remained steady at £1.48 billion, unchanged from fiscal 2024. Rio Tinto (NYSE:RIO) CEO Stausholm resigned over board rift - report Rio Tinto PLC’s (LON:RIO) board and CEO Jakob Stausholm mutually decided to part ways last week amid internal disagreements over cost management and strategic direction, according to a Reuters report on Wednesday that cited several informed sources. The sudden leadership change, announced without a detailed rationale, caught investors off guard, especially since Stausholm had made recent public appearances with no apparent indications of trouble, the report added. Thames Water fined by Ofwat Britain’s water regulator Ofwat has fined Thames Water close to £123 million ($165.8 million) following probes into its handling of wastewater and shareholder payments. The penalty follows investigations into the company’s treatment standards and its dividend practices. CEO appointments at Stellantis (LON:0QXR), Remy Cointreau In European company news, two major CEO appointments were announced on Wednesday — at Stellantis and Remy Cointreau . Stellantis NV (BIT:STLAM) has named Antonio Filosa as its next CEO, with the appointment taking effect on June 23, after receiving full approval from the company’s Board of Directors. Filosa will take over from Carlos Tavares, who stepped down in December amid declining profits and sales—particularly in the U.S.—which had sparked criticism of his leadership. Separately, Remy Cointreau (EPA:RCOP) announced that Franck Marilly will step in as the company’s new CEO starting June 25, taking over from Éric Vallat, who will support the handover process. Marilly brings more than 30 years of expertise in the luxury and beauty sectors, having held prominent roles at companies such as Chanel, Unilever (LON:ULVR), and Shiseido. (This story will be updated) Should you invest $1,000 in STLAM right now? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios powered by AI stock picks with a stellar performance in 2024. Unlock ProPicks to find out

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Знаєте, що таке основна світова резервна валюта?
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